Based on the last 12 PPI Input YoY events in United Kingdom, we expect NZDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is < 18.7% Historical events that allowed us to draw this conclusion
14 Sep 06:00 |
17 Aug 06:00 |
19 Jan 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).